What They’re Buying
Traders and investorstook the opportunity to go on a shopping spree in todays abbreviated tradingsession. In spite of weakness in foreign markets, the U.S. stock market surgedand continued surging higher into the close. Airlines and biotechs led the waywith sectors across the board posting gains. T
Don’t Ignore These Six. . .
More than a critical mass
What T-bonds Are Saying
T-bonds
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PowerRating) are making it eight-for-nine — down days. This Implosion-5 List market got started on the down side — making good on an Off The Blocks short — and sank more than a point a
It’s A Lock: Here’s How
Traders are locking in profits ahead of the long holiday weekend in a shortened week marked by light trade. Besides the requirement to err on the side of caution while waging a war on terrorism, and with a new case of anthrax, what else might have told traders to take profits off the
Still Waiting On Russia
Their decision is key for crude prices
Monarchist Vs. New Capitalist
Who’ll win?
What To Do Before Thanksgiving
What do you do in an uncertain era, marked by a war on terrorism after six-week stock-market gains of 20% to 39%, before a long holiday weekend? You take something off the table! Anything can happen in the markets and moves that might occur are likely to be exaggerated as volume thin
Position Squaring Ahead Of T-Day
Traders are beginning to trim positions in already lightened trading ahead of the long Thanksgiving weekend. Players are trimming back on stocks and dollar-asset positions, working to sendDecember dollar index futures
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T-bonds Get Some Relief
Following their worst week in two years, T-bonds
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PowerRating) tested Fridays low at 104 22/32 for a second time this morning forming a double bottom support. This level was pointed out in Mondays
Defending Their Positions
Stocks are defending six weeks of gains that have takenthe majors up between 20% and 39% since Sept. 21. When markets hold torridadvances with just small losses or narrow gains, as they have been doing sincethe middle of last week, that is constructive because it allows the market towork off steam,
These Remain The Focus
T-bonds rebounded, gold weighed heavy, nat gas Turtle
Souped, and equity index futures lifted higher on two months of inertia.
Volatility Setting Up
The big stock indices are trading more narrowly, compressing into micro-triangles that suggest a big move is imminent. Your first signal of this was yesterdays 6/100 Low Volatility reading on the December Nasdaq 100 futures
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